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The Most Efficient, Least Expensive Racing Software You Can Own

Management Reporting Software for Optimizing Your Processes

What used to take hours to complete in the racetrack business can now be done in seconds using the Mutuel Manager® software. This Windows-based Management Reporting software performs a variety of recordkeeping functions with 100% accuracy to streamline your processes.
Its capabilities include accepting the tote system's daily feeds of raw information and extracting, combining, and storing that information for future reporting. It does all this with minimal clerical input.
Contact us to learn more about our software.

Features

  • Scalability (Can Be Efficient and Productive at Any Size of Tracks or OTB)
  • Easy to Learn
  • Easy to Use
  • Customizable
  • Easy to Install

Modules

Handle/Pools
Our Management Reporting software makes waiting for information a thing of the past. The speed and sophistication of the handle/pools module lets tracks know the previous day's handles and pools totals first thing the next morning.
Settlements
At the end of the day, you have to settle on both the money room side and the host fee side. The settlements module simplifies this by letting you:
  • Easily set up the host fees for any track, then forget about it.
  • Easily identify and manage non-co-mingled handles.
  • Accurately calculate standard host fees and host fees for special races and special pools.
Accounts Payable/Receivable (AP/AR)
The AP/AR module takes input from the settlements module and generates AP/AR information that provides invoicing by the settlement agent.
Productivity
This module shows the number of tickets sold and amount of handle collected by tellers and machines.
Budget Planning
This tool lets you customize your pari-mutuel budget according to your corporate requirements and helps forecast revenues. It provides a planning tool that allows tracks to estimate handle by source, source type, location, or almost any other variable. It gives you reports to compare forecasts to actuals for customized planning periods.
W-2G Filing Report
You can process and format W-2G information accurately so it can be sent electronically to the IRS at the end of the year. It also provides people with detailed reports of their track winnings.
Outs
This module accurately reports the outstanding tickets by track and incorporates this information into money room reports.

Chips and Bits Software, Inc.

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